COVERAGE TIP - BUSINESS AUTOMOBILE – SYMBOL 1 for Individual
Named Insured
You have an individual named insured. You would like to use Symbol 1 (ANY
“AUTO”) for liability coverage; however, the underwriter is hesitant at providing
that symbol as he indicates he may be picking up coverage for the individual’s
personal autos as well. You indicate that you have the personal autos insured
under a Personal Auto Policy. The underwriter indicates that the BAP will still
provide coverage. How do you obtain Symbol 1?
You ask the underwriter to provide Symbol 1 but add endorsement CA 99 40Exclusion or Excess Coverage Hazards Otherwise Insured. The Schedule of the
endorsement is used to exclude all autos insured under PAP # XXXXXXX or any
replacement thereof.
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